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Brazil

Lending fintech SuperSim obtains US$5.5M debt round

Contxto – It is nothing new to say Brazil’s financial inclusion is still flawed. SuperSim, a microlending fintech startup from...

August 12, 2020

Meet the disruptive Latin American startups from Y Combinator’s Summer 2020 Batch

Contxto – Y Combinator’s 15-year anniversary has been unusual, if not a very memorable one. Amidst the biggest health crisis...

August 11, 2020

Brazil’s Magazine Luiza to compete with Amazon and Mercado Libre for ad revenue

Contxto – One Brazilian company is venturing into new territory. Last Thursday (6), Magazine Luiza—a major Brazilian retailer—bought Canaltech (a...

August 10, 2020

Oico raises US$1.5 million to rebuild construction materials market, enters Y Combinator

Contxto – Where there’s a disjointed industry, there’s a business opportunity. And for Brazilian entrepreneurs, Pedro Dellagnelo and Pedro Rocha,...

August 7, 2020

Caju closes US$2.5 million to disrupt employee benefits programs in Brazil

Contxto – Flexibility is a flavor investors always crave and they just sunk their teeth into a piece of cajú...

August 6, 2020

Beejobs raises US$3.8 million to automate recruitment process

Contxto – Media everywhere is buzzing with headlines that highlight unemployment rates. Reason dictates that spells trouble for HR startups...

August 6, 2020

Google for Startups announces latest accelerator cohort in Brazil

Contxto – Google for Startups in Brazil recently announced the latest group of companies accepted into its triannual accelerator program. Among...

August 6, 2020

Tarpon acquires Agrivalle to grow more sustainability to agriculture

Contxto – Enterprises working with eco-friendly products continue to attract investors. Tarpon Investimentos recently acquired a majority stake in Brazilian...

August 5, 2020

Edtech Classpert closes US$965,000 looking to boost content before Covid bonanza ends

Contxto – Even prior to the coronavirus outbreak, Iporanga Ventures had seen potential in edtech Classpert and its online content....

July 31, 2020

dataPlor closes US$4 million to index more small businesses in Latam

Contxto – Data is insightful. Data is necessary. But, not all data is accurate. So it’s best to have reliable...

July 30, 2020